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Silver Bullion - What is the best way to invest in silver
bullion bars (silver bars)?
What is the best way to invest in silver bullion bars (silver bars)? This is probably the
first question the potential silver investor will ask after reading or hearing
that silver bullion bars (silver bars) are among the most popular forms of physical silver to invest in or to own. This
question in essence goes hand-in-hand with the following question answered in another section of the Silver
Bullion website: How to best approach the silver
market?
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details.
Invest in precious
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details.
Common sense tells us that the following must be of importance when
establishing what constitutes the best way to invest in or own silver bullion bars (silver bars):
Find a reliable silver bar dealer: It’s important
to buy from a silver bar dealer
(silver bullion bar
dealer) who can be trusted and who is knowledgeable, not only in terms of knowing the silver bullion bars (silver bars) that are for sale,
but also in terms of knowing the best ways to get the relevant silver bullion bars (silver bars) to you the
buyer once purchased. In fact, you want to find a silver bar dealer (silver bullion bar dealers) that will meet
you at least half way in terms of the premium charged when you want to acquire or buy silver bullion bars
(silver bars), because you want to buy in bulk. It is best to buy in bulk when it comes to acquiring or buying
silver bullion bars (silver bars), especially from a South African perspective.
Invest in precious
metals today! Contact us for
details.
Invest in precious
metals today! Contact us for
details.
E.g. most silver bullion bars (silver bars) that are available for
sale in South Africa are selling at ridiculous high premiums (at the time this was written). Silver
Bullion is aware of at least one supplier who is selling 1 kg silver bullion bars (silver bars) at premiums of 40%
and higher excluding VAT, courier costs and insurance. If you include the last items mentioned, it pushes the
premium well beyond 50% of the spot price of the silver, which is ridiculous to
say the least, especially considering there’s no “double play” since silver bullion bars (silver bars) have
little if any collector’s value attached to it. In addition,
most silver bar dealers
(silver bullion bar
dealers) from overseas refuse to ship to South Africa due to the risks involved, perceived and
real. Even in instances where they do, you will at best only be able to get silver ingots (silver bars) of 1 troy ounce into South Africa at a time
without hassle and having to spend a fortune on custom fees, not even mentioning the fact that your silver can
easily get lost in the process. If you do manage to get silver bullion bars (silver bars) cost-effectively into
South Africa, we would surely like to hear from you.
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